IMPULS Indicator

Indicator for MetaTrader 4


IMPULS Indicator


Signals upon significant trend impulses. Provides confidence levels and reliable entry- and exit signals in trending markets. Additionally markt phases are signaled by color (up-, down-, or side-movement trends). Works on 15-Minutes time scale.

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Fig. 2. Impuls Signal Indicator. Chart example of IMPULS Indicator.
Red arrows pointing downwards indicate a down phase,
blue arrows pointing upwards indicate an up phase.
Ideal time points for closing your sell- or buy-order are denoted as CB (Close Buy) and CS (Close Sell).
Larger symbols indicate greater signal confidence..

 

The indicator IMPULS is designed for the 15 minutes chart and best tested for EUR/USD, but can be applied to other currency pairs like USD/CHF as well. You need Metatrader 4 as trading platform.

 

How does the IMPULS indicator work?


The indicator's model estimates quite successfully short as well as long term trends based on daily rates. If you have followed the correctly predicted long term trend in the example USD/CHF, most of the trend signals haven given you very good results (you can verify it easily by having a look at the sell-open and sell-close signals).

If strong and reliable signals can be detected they are plotted red or blue.
If market disturbances are detected that exists over a long time or if a side movement exists the signals are colored in silver.

Don't be irritated that the signal color can stay the same for days or even weeks, this simply shows the market's dynamics of your selected currency pair. For example in EUR/USD long up and down trends took approximately 2 to 6 month in the last two years. The trick of the indicator is to detect a trend change just in time to reduce open orders or to change to a less risky/different investment style, this is indicated by the silver color. So the colors as well as the size of the symbol signals indicate the confidence of the signals.


Install instructions can be found here.

If you have further questions please don't hesitate to contact us.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data, software and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.